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Hines And Blue Noble Open Their First Italian Student Residence Managed By Aparto

(Milan) - aparto Milan Giovenale, owned by “Living 2.0” Fund, managed by Savills Investment Manager SGR SpA and invested into by Hines, a global real estate firm, in joint venture with Blue Noble, an international real estate investment manager, has opened in the heart of the city. The development of aparto Milan Giovenale was led by Hines Italy as development manager and is the Group’s first in Italy. Bank Unicredit financed the project and the management of the scheme is entrusted to aparto.

Managed by aparto, the international student housing platform, fully owned by Hines, aparto Milan Giovenale is its 15th operational student accommodation asset in Europe and covers 16,000 square metres with c.600 beds. aparto Barcelona Pallars will open in September to mark aparto’s launch in Spain and its 16th site.  

With its Italian debut, aparto revolutionises student housing by creating an inspiring place for young people, hosting students via a flexible system of medium-long term stays. This is a place where they cultivate their potential, enrich each other, and develop their soft skills living as part of an international community.  

Students are welcomed by state-of-the-art facilities with communal spaces designed for study and leisure. There is a gym with the latest Technogym equipment, a yoga area, laundry services, a cinema, games rooms and equipped outdoor spaces. aparto also creates development opportunities for its students with a series of innovative partnerships that provides them with a first-class living experience. The main partnerships are Taldeg which has created art installations in the communal spaces, Technogym which provides students with training facilities to support wellbeing, Unobravo for mental health support services to students and, at the same time, specialised training for staff. Apicolturaurbana has installed beehives on aparto Milan Giovenale’s roof to help preserve the city's biodiversity. 

Source: Hines.com on the 8th of June
https://www.hines.com/news/hines-and-blue-noble-open-their-first-italian-student-residence-managed-by-aparto